Feb 25, 2013 3:00am PST
-term cateindicatcateindici. if you're making a 7%, 8% cut in the pentagon, the first thing you must do is pull back an aircraft carrier from the persian gulf. really, it's the first thing? with that said, when you begin looking at the numbers and the difficulty of cutting, you realize you can't furlough uniformed military personnel. you're going to end up furloughing civilians. you can't make certain cuts so they become more drastic. in this situation they could have made more long-term. they have multiple deadlines, as we all know. what people in congress are talking about, how to combine them. how do you combine the sequester with the budget battle coming up, with the debt ceiling fight that's going to come back again. how do you add those together so you come up with a larger deal. >> the washington dimension is striking, too. now you have bob woodward of the "washington post" taking on the white house saying the president is moving the goalpost by insisting on tax revenues being in there. let me read a portion of what's in his opinion piece this morning. the final deal reached between vice pres
Feb 23, 2013 5:00am PST
of the pentagon's f-35 fighter jets. grounded after a cracked engine blade discovered on the air force version of the jet on routine inspection. all f-35s were grounded, even though the marines and navy use different versions. it is being sent to the manufacturer to figure out what happened. if you have an f-35, don't fly it today. >>> boeing hopes to get the dreamliner flying as soon as possible. executives met with the faa to talk about the ongoing battery issues that grounded the fleet in the first place. bowing is proposing a fix for the batteries, even though they don't know what caused them to overheat. the faa is reviewing the proposal closely. >>> microsoft has been hacked. a small number of computers infected with malware. the attack is similar to the recent ones that plagued apple, facebook and twitter. it doesn't appear any customers' information is affected. >>> dangerous flog in australia has killed at least two people. look at the pictures. many drivers left stranded because of rising waters there. >>> nearly four months after superstorm sandy ravaged the northeast. the last of t
Feb 20, 2013 7:00am PST
is a sequester that goes into effect cutting $85 billion this year. the pentagon notifies congress today of its large-scale furlough plan should those cuts kick in. >>> let's head to wall street. cnbc's jackie deangelis is at the new york stock exchange. good morning. >> good morning, natalie. another day, another cyber attack. this time on apple. authorities believe that the hackers that targeted facebook last week used the same software to attack the mac computers of apple employees. all this, of course, coming on the heels of chrysler, jeep and burger king saying their twitter accounts were hacked. >>> meanwhile it isn't 1999 but investors are sure partying like it is, after nasdaq hit an all-time high. google its stock price topping $800 a share yesterday. natalie? >> all right. jackie at the new york stock exchange, thank you. >>> the vice president is generating some buzz after a facebook town hall chat with parents' magazine and a discussion focusing on joe biden's gun control efforts. he gave frank advice on self-defense. >> if you want to protect yourself, get a double barrel shotgun.